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- Indexed articles, last 90 days
- 4
- Latest publication
- Jul 23, 2026
- Outlet visibility, for yahoo.com
- Top 1K sites
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- Jul 23, 2026
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Blackstone beats profit estimates with AI gains as assets hit $1.35 trillion (opens the original)
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NEW YORK, July 23 (Reuters) - Blackstone beat analyst expectations for second-quarter income on Thursday as the world's largest alternative asset manager cashed in on investments, raked in new funds and reaped profits from a mammoth bet on artificial intelligence. The New York-based company said inflows in the quarter pushed total assets to $1.35 trillion. Distributable earnings, or profit available to shareholders, rose 26% on a per-share basis to $1.52, above estimates of $1.35 provided by
Blackstone is addressing community concerns around AI, CEO says (opens the original)
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NEW YORK, July 23 (Reuters) - Blackstone is working to address the societal and environmental implications of artificial intelligence development, CEO Stephen Schwarzman said on Thursday, as opposition to data center construction mounts in the U.S. Blackstone and other private capital firms are pouring tens of billions of dollars into businesses and infrastructure that aim to increase compute capacity and run power-hungry models. But the otherwise deeply divided American electorate is united
Blackstone is addressing community concerns around AI, CEO says (opens the original)
Read excerpt
NEW YORK, July 23 (Reuters) - Blackstone is working to address the societal and environmental implications of artificial intelligence development, CEO Stephen Schwarzman said on Thursday, as opposition to data center construction mounts in the U.S. Blackstone and other private capital firms are pouring tens of billions of dollars into businesses and infrastructure that aim to increase compute capacity and run power-hungry models. But the otherwise deeply divided American electorate is united
Blackstone beats profit estimates with AI gains as assets hit $1.35 trillion (opens the original)
Read excerpt
NEW YORK, July 23 (Reuters) - Blackstone beat analyst expectations for second-quarter income on Thursday as the world's largest alternative asset manager cashed in on investments, raked in new funds and reaped profits from a mammoth bet on artificial intelligence. The New York-based company said inflows in the quarter pushed total assets to $1.35 trillion. Distributable earnings, or profit available to shareholders, rose 26% on a per-share basis to $1.52, above estimates of $1.35 provided by L
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